CNK has developed in-house capabilities in the field of Indirect Taxes, which not only constitutes the largest share of Government revenues but also constitutes the largest tax outflow for most business entities. Our range of services in this area includes:
· Advising on structuring of transactions, which would help minimize
the incidence of State Value Added Taxes, Sales Tax Laws and Service Tax within the framework of the applicable laws;
· Rendering opinions;
· Tax Representation before the Indian tax authorities;
· Advising on issues relating to VAT, sales tax, lease tax, works contract tax, claim of Cenvat Credit etc;
· Preparing and filing of tax returns under VAT, Central Sales Tax, Service Tax and advising on the quantum of tax payments and
· Audit and assurance services required under Sales Tax Laws.